IDT to Begin Online Leasing of Airwaves

IDT Spectrum Inc. is beginning an online spectrum leasing strategy for its fixed wireless spectrum assets.

Access to the program, which is for mobile and fixed wireless providers, is via IDT Spectrums newly launched website, www.idtspectrum.com.

“As the more than $19 billion raised by the FCC at its recent 700 MHz spectrum auction clearly demonstrates, we are increasingly living in a ‘wireless world’ and IDT Spectrum is well-positioned to unlock the potential of wireless broadband through our high-frequency spectrum licenses, said Jim Courter, IDT Spectrum’s vice chairman and CEO, in a statement. We have the ability to provide the bandwidth which is necessary to successfully deploy these technologies.

With more than 1,250 licenses in its inventory, IDT Spectrum, a division of IDT Corp., holds more than 500 MHz of spectrum in the top 200 U.S. markets and approximately 940 MHz of spectrum in the top 50 U.S. markets. IDT Spectrum’s licenses both its 39 GHz and LMDS (28-31 GHz) holdings, which are contiguous across the whole of the United States and Puerto Rico. The airwaves, the company said, are suited for high-bandwidth, point-to-point applications, including backhaul.

IDT Spectrum Inc. www.idtspectrum.com